Compare Analysis of Luana Savings Bank with 4.96% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

$
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE

All calculations are for demonstration purposes only.

  • 1
    LOCAL CD
    Luana Savings Bank
    $50,000
    24 Month
    4.96%
    7.57x (National Avg. - 0.66%)
    $100,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.96%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,480 1,736
    2 52,480 2,603 1,822
    3 55,083 2,732 1,912
    4 57,815 2,868 2,007
    5 60,683 3,010 2,107
    6 63,693 3,159 2,211
    7 66,852 3,316 2,321
    8 70,168 3,480 2,436
    9 73,648 3,653 2,557
    10 77,301 3,834 2,684
    11 81,135 4,024 2,817
    12 85,159 4,224 2,957
    13 89,383 4,433 3,103
    14 93,817 4,653 3,257
    15 98,470 4,884 3,419
    16 103,354 5,126 3,588
    17 108,480 5,381 3,766
    18 113,861 5,648 3,953
    19 119,509 5,928 4,149
    20 125,436 6,222 4,355
    TOTAL $81,658 $57,160